Updated Duplex with Separate
5804-06 Dimaggio Place Metairie, LA 70003
5804-06 Dimaggio Place, Metairie, LA, 70003
$299,000
For Sale
$299,000
Two 2-bedroom, 1-bath units feature washer/dryer connections, separate yards, and individual utility meters.
Property Size1,610 SF
Price / SF$185.71
Days on Market73
Property Features for 5804-06 Dimaggio Place
General Information
- Standard status
- Active
- Size
- 1,610 SF
- Property subtype
- MULTI FAMILY FOR SALE / Townhouse
Building Details
- Year Built
- 1967
Listing agency
Appletree Realty, LLC
(504) 272-7288
Listed by
Cindy Ng · License #995684283
(504) 272-7288
Source
Compass
Added: May 11 Updated: Jul 21 at 5:43AM Checked: Jul 21 at 5:43AM
Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Appletree Realty, LLC
Investment Insights
Based on property information with market context.
This updated duplex offers two separate residences, each with 2 bedrooms and 1 bathroom, plus washer and dryer connection availability. Each side has its own yard and individual utility meters, supporting practical separate living or rental setups. Recent improvements include a newly installed roof in 2025 and unit-level upgrades across both sides.
The front unit has been recently renovated with new windows, flooring, light fixtures, and an updated kitchen. The back unit features updates including kitchen cabinet upgrades, granite countertops, and window AC units. Plumbing updates include replacement of the sewer line approximately 3–4 years ago.
Offered for sale in Metairie, the property’s combination of separate utilities, private yards, and ongoing interior and system improvements can be appealing for buyers seeking a straightforward duplex configuration with current updates already completed.
The front unit has been recently renovated with new windows, flooring, light fixtures, and an updated kitchen. The back unit features updates including kitchen cabinet upgrades, granite countertops, and window AC units. Plumbing updates include replacement of the sewer line approximately 3–4 years ago.
Offered for sale in Metairie, the property’s combination of separate utilities, private yards, and ongoing interior and system improvements can be appealing for buyers seeking a straightforward duplex configuration with current updates already completed.
Key Highlights
- Double with 2 units; each side has 2 bedrooms and 1 full bathroom.
- Washer/dryer connections in each unit, plus separate yards for each side.
- Individual utility meters for each unit.
Local Financial Insights For Multifamily LT 5
Simulate Cap Rate and NOI
NOI Build-Up
- Vacancy
- income lost from leasable area expected to sit empty during the year — subtracted from gross rent.
- EGI (Effective Gross Income)
- gross rent minus vacancy losses — the realistic income before paying operating costs.
- OpEx (Operating Expenses)
- recurring costs to operate the property (property tax, insurance, utilities, maintenance, management) — excludes financing and capital improvements.
- NOI (Net Operating Income)
- income a property generates after operating costs but before financing and taxes.
| Component | $ | $/SF |
|---|---|---|
| Gross rent | $26.1k | $16.20 |
| − Vacancy | −$1.5k | −$0.92 |
| EGI | $24.6k | $15.28 |
| − OpEx | −$7.4k | −$4.58 |
| NOI | $17.2k | $10.69 |
1,610 SF · lease $16.20/SF/yr · vacancy 5.70% · expense 30.00%
Alternative Uses
Best Use
Multifamily LT 5
$246.0K
$215.2K – $287.0K
NOI $17,217 @ 7.0% cap · market cap 5.76%
Second Best
Apartment 5plus
$214.0K
$187.3K – $249.7K
NOI $14,983 @ 7.0% cap · market cap 5.01%
Theoretical Best
Office A
$377.0K
$329.9K – $439.9K
NOI $26,392 @ 7.0% cap · market cap 8.83%
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Location Intelligence
Current Use by Public Records
Duplexes
Similar For Sale Nearby
FAQs
What type of property is this?
Duplex - Two 2-bedroom, 1-bath units feature washer/dryer connections, separate yards, and individual utility meters.
Where is this duplex located?
The property is located at 5804-06 Dimaggio Place Metairie, LA.
What is the asking price?
The asking price for this property is $299,000.
What are key features of this property?
This property features: Double with 2 units; each side has 2 bedrooms and 1 full bathroom.; Washer/dryer connections in each unit, plus separate yards for each side.; Individual utility meters for each unit.
